STABLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.09 per $10,000 · paid last 24h −0.002%

Price spread now: BloFin against Gate+0.287%48s7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$325as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$3023.015% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.232%−$23 on $10k

Price spread, last 4 days (all we have)−0.221%−$22 · spread now +0.287%, 7d avg −0.003%

Together, before fees−0.453%−$45 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.290% dearer against Gate than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.003%. Mind the row above: over the last 7 days funding on this pair cost −0.232%, so the current rate has only just turned in your favour. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate STABLE_USDT	0.02438	0.0100	pay 0.0050% / 4h	3h 50m	$174K	$60K	50x
Short	BloFin STABLE-USDT	0.02445	0.0119	get 0.0059% / 4h	3h 50m	$116K	$7K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BloFinbpOrdersPrice spread, now +0.287%Rate

Funding earned: $3.96
Price spread: +0.287% → −0.003%: $28.97
Slippage, 4 orders: −$274.51
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$268.58
Costs to cover: 3.015%
Break-even: 481.7 days

Slippage from Gate: live order book, 60 min ago; BloFin: live order book, 38 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 60 min ago	6.11 bp	110.6 bp −$111	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 38 min ago	4.04 bp	32.3 bp −$32	74.1 bp −$741	doesn't fit	doesn't fit

STABLE on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter STABLE	+0.0096%	1h	0.02455	+0.710%	$113K	$6K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02439	+0.029%	$857K	$184K	3x	as long as short
Aster STABLEUSDT	+0.0100%	4h	0.02443	+0.210%	$18K	$10K	20x	as long as short
Binance STABLEUSDT	+0.0100%	4h	0.02438	+0.018%	$2.5M	$2.8M	75x	as long as short
Bybit STABLEUSDT	+0.0100%	4h	0.02441	+0.123%	$1.5M	$816K	25x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02437	−0.041%	$201K	$416K	20x	as long as short
Gate STABLE_USDTlong	+0.0100%	4h	0.02438	long leg	$174K	$60K	50x
MEXC STABLE_USDT	+0.0100%	4h	0.02440	+0.082%	$580K	$160K	20x	as long as short
KuCoin STABLEUSDTM	+0.0100%	4h	0.02444	+0.246%	$177K	$29K	30x	as long as short
Bitget STABLEUSDT	+0.0100%	4h	0.02441	+0.123%	$280K	$93K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX STABLE-USDT	+0.0100%	4h	0.02440	+0.082%	—	$6.6M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02445	+0.290%	$143K	$50K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02440	+0.086%	$1K	$890K	20x	as long as short
Extended STABLE-USD	+0.0104%	1h	0.02438	−0.014%	$12K	$135K	10x	as long as short
BloFin STABLE-USDTshort	+0.0119%	4h	0.02445	+0.287%	$116K	$7K	75x